3 weeks ago
Canadian investor Realstar has purchased Brixton Junction, a co-living development by Node, for over £20 million.
The deal marks another chapter in the ongoing evolution of this vibrant corner of South London.
Brixton Junction is a modern co-living scheme that offers 63 furnished homes, including studios, one-bedroom, and two-bedroom apartments. The concept is designed to cater to a mix of lifestyles, with communal perks like co-working spaces, a private garden (yes, it’s pet-friendly), and a calendar of curated events aimed at creating a sense of community among residents.
Situated in the heart of Brixton, the development benefits from excellent transport links, putting central London just ten minutes away. The area itself remains a cultural melting pot, attracting a mix of creatives, professionals, and long-standing locals.
The £20 million acquisition was made by Realstar on behalf of a University of Cambridge pension plan, with a yield estimated at 4% to 5%. It’s another sign of the growing interest in Brixton’s property market and the rise of co-living spaces across London.
This style of living has gained traction for offering flexibility and fostering connections among residents, but it also reflects broader changes in how housing is being approached in the capital.
Brixton is no stranger to change, and developments like Brixton Junction are part of a wider conversation about the future of the area. Long celebrated for its rich cultural heritage and sense of community, Brixton has seen an influx of investment and redevelopment in recent years.
For some, this represents progress, bringing fresh opportunities and new energy to the area. For others, it raises concerns about affordability and the impact on Brixton’s unique character.
Whatever your take on co-living, Brixton Junction is a clear sign of the area’s growing appeal. With its mix of private spaces, shared amenities, and community-focused living, it’s designed for a modern, urban lifestyle.
As Brixton continues to evolve, developments like this highlight the balance between embracing change and preserving what makes the area so special. It’s a conversation that’s far from over.
